DEVELOPMENT SUMMARY. Unique mixed use development opportunity

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2 DEVELOPMENT SUMMARY Unique mixed use development opportunity Prominent and exceptionally well located 0.9 acre freehold site in the highly successful and vibrant Shoreditch market Close proximity to Old Street, the City and Clerkenwell Opportunity to develop one of the last remaining substantial sites on City Road Planning consent for c. 146,000 sq ft offices, 100 residential apartments, flexible retail and ancillary leisure uses AHMM designed scheme comprising part 22 and part 7 storey building including animated ground and basement levels Fantastic communal spaces including lobby, ground floor event area, lounge, large 7th floor terrace and gardens Flexible retail uses at street level

3 LOCATION London is a leading global City for business, education and tourism and a destination of choice for national and overseas investment. 225 City Road provides a unique opportunity to deliver a substantial mixed use scheme within the highly successful and vibrant London submarket of Shoreditch. This well located development opportunity is a short distance from Old Street Roundabout and Tech City, a thriving destination for technology, media and telecommunications occupiers and one of London s strongest submarkets yet within easy reach of the City and Clerkenwell. There are now more than 250,000 employees across 1,500 companies either located or moving to the area including Amazon, Facebook, Google, AirBnB, Uber, Farfetch and WeWork. The unparalleled success of Old Street has driven significant levels of transformational development within the locality across a whole range of sectors from office to hotel to residential and is underpinned by a diverse food and beverage offer, and vibrant nightime economy.

4 HIGHBURY & ISLINGTON DALSTON JUNCTION EUSTON KING S CROSS ST. PANCRAS ANGEL HOXTON WARREN STREET FARRINGDON OLD STREET ELIZABETH LINE TOTTENHAM COURT ROAD MOORGATE LIVERPOOL STREET TRANSPORT OXFORD CIRCUS HOLBORN BANK WHITECHAPEL 10 MINS LONDON GATWICK AIRPORT 50 MINS PICCADILLY CIRCUS WESTMINSTER LEICESTER SQUARE EMBANKMENT WATERLOO CANNON STREET MONUMENT LONDON BRIDGE LONDON CITY AIRPORT 25 MINS 225 City Road benefits from excellent connections into London s transport network. Situated in Zone 1, it is approximately 450m north west of Old Street Station, which is currently undergoing a 50m investment programme. Angel, Liverpool Street, Hoxton and Shoreditch High Street Stations are all within walking distance. City Road also benefits from numerous bus routes providing direct access to both the City and Islington. Connectivity in the area will benefit further from the opening of the Elizabeth Line in 2018, serving nearby Moorgate, Liverpool Street, Barbican and Farringdon stations. The anticipated Crossrail 2 link would also provide additional local transport connections at Angel. C I T Y R O A D STATION DISTANCE FROM SITE OLD STREET STATION DISTANCE SERVICES Old Street 450m Northern, National Rail Moorgate 1.28km Northern, Circle, Hammersmith & City, National Rail and future Elizabeth Line Angel 1.06km Northern line and anticipated Crossrail 2 O L D S T R E E T SHOREDITCH HIGH STREET Hoxton 1.17km London Overground Farringdon Shoreditch High Street Liverpool Street 1.26km 1.30km 1.32km Circle, Hammersmith & City, Metropolitan, National Rail, future Elizabeth Line London Overground Central, Circle, Hammersmith & City, London Overground, National Rail, future Elizabeth Line L O N D O N W A L L MOORGATE LIVERPOOL STREET

5 LOCAL DEVELOPMENTS THE BOWER, EC1 Developer: Helical 330,000 sq ft office and retail Comments: Phase 1 completed Q where tenants include Farfetch, John Brown media and Stripe Payments. Practical completion for Phase 2, The Tower is expected Q and has been 33% pre-let to WeWork. Architect: AHMM Maximum Rents Late 60s psf 2. WHITE COLLAR FACTORY, EC1 Developer: Derwent London 237,000 sq ft office and 39,200 flexible workspace Storeys: Campus, main tower 16 Comments: Recently completed, tenants include Adobe, Office Group and Capital One Architect: AHMM Maximum Rent: 75 psf 3. THE ANGEL BUILDING, EC1 Developer: Derwent London 262,000 sq ft office and 3 A3 retail units at ground floor Storeys: 6 Comments: Launched in late 2010 and achieved full occupation in 13 months. Expedia currently occupy 93,400 sq ft, which will increase to 231,400 sq ft in 2019 on a lease expiring 2030 Architect: AHMM PRINCIPAL TOWER, EC2 5. PRINCIPAL PLACE, EC2 6. SPECTRUM, 160 OLD STREET, EC1 Primary Use: Residential Developer: Brookfield/Concord Pacific Private Units: 273 Storeys: 48 Est psf: circa 1,600 psf Comments: Completion due Q Circa 50% sold Developer: Brookfield/ENPAM 600,000 sq ft of offices and 20,000 sq ft retail Storeys: 15 Comments: Offices entirely pre-let to Amazon plc as their new European HQ, and 200,000 sq ft retail Developer: Ropemaker Partnership (50:50 JV between GPE and the BP Pension Fund) 151,700 sq ft office accommodation Storeys: 9 Comments: Completion is targeted for Q PROVOST & EAST, EC1 Developer: Rocket Investments 83,000 sq ft office and retail Storeys: 11 Comments: Due to complete in % prelet to WeWork 8. ATLAS, EC1 Primary Use: Residential Developer: Rocket Investments Private Units: 301 Storeys: 40 Est psf: circa 1,450psf Comments: Completion due December THE STAGE, PLOUGH YARD SCHEME, EC2 Primary Use: Residential and offices Developer: Cain Hoy, Vanke and Galliard Homes Private Units: ,000 sq ft offices across two buildings & 50,000 sq ft retail centred around Shakespeare s Curtain Theatre Storeys: 37 Est psf: circa 1,550psf Comments: Development launched in March 2016 and due to complete in 2019

6 BLOSSOM STREET, E1 Developer: British Land Private Units: ,000 sq ft office and retail accommodation Comments: Mixed use scheme over three adjacent sites including Grade A and SME offices Practical completion Q Principal Architect : AHMM 11. ST MATTHEWS & ST MARKS HOUSE, SHEPHERDESS WALK, N1 Developer: Schroders 130,000 sq ft substantial office refurbishment and extension Comments: Practical completion Q ONE FAIRCHILD STREET, EC2 and Hotel Developer: Highgate Holdings totalling 200,000 sq ft including a 200-room luxury hotel and 100,000 sq ft of office space Storeys: 29 Comments: Gensler designed. Earliest PC THE LEXICON, EC CITY ROAD, EC1 15. CANALETTO, EC1 Primary Use: Residential Primary Use: Residential Primary Use: Residential Developer: Mount Anvil Developer: Berkeley Homes Developer: Groveworld Private Units: 201 Private Units: 798 Private Units: 190 Storeys: 36 Est psf: circa 1,250-1,350psf Comments: The development sold out in late March 2016 Construction completed early Q four star 190-bed hotel, 40,000 sq ft A1/A2/A3 retail at ground level and 75,000 sq ft offices Storeys: 42 Est psf: circa 1,400psf Storeys: 31 Est psf: circa 1,350psf Comments: Construction completed Q Comments: Estimated completion in BERNARD MORGAN HOUSE, GOLDEN LANE EC1 Primary Use: Residential Developer: Taylor Wimpey Private Units: 99 Storeys: 10 Est psf: circa 1,500psf Comments: Planning permission granted Q HOXTON PRESS, N1 Primary Use: Residential Developer: Anthology Private Units: 198 Storeys: 20 Est psf: circa 1,150-1,250psf Comments: The development launched in Q Estimated completion June VANTAGE POINT, JUNCTION ROAD, ISLINGTON, N19 Primary Use: PRS Developer: Essential Living Operator: Essential Living PRS Units: 118 Storeys: 17 Rents (asking): Studio: 400pw - 500pw 1 Bed: 450pw - 560pw 2 Bed: 650pw - 750pw Comments: Completion: Q DRESSAGE COURT / FARRIER HOUSE, THREE COLTS LANE, E2 Primary Use: PRS Developer: Albany Homes Operator: Essential Living PRS Units: 104 Storeys: 6 & 8 Rents (asking): 1 Bed: 460pw - 620pw 2 Bed: 630pw - 840pw 3 Bed: 1,100pw Comments: Completion Q2 2017

7 1 to Cycle Hire Station 1 to to 52 LESLEY TERRACE 1 to SHEPHERDESS WALK 10 to t 8 2 THE EXISTING SITE THE SITE The site is located on the northern side of City Road, approximately 450 metres to the north west of the Old Street Roundabout within the London Borough of Hackney. It is a cleared site extending to approximately acres (0.37 hectares) bordered to the east by Shepherdess Walk and to the west by Wellesley Terrace. The site is currently being used as a temporary car park, with vacant possession available with one months notice. TENURE Freehold (Title Number NGL350604) Ashwell House 19 to 21 Court 1 to m 4 6 Car Park Paulton House to 18 Bdy Shelter Police Station FB Ch S m El Sub Sta TCBs Shelters 4 to 6 PH m SHEPHERDESS PLACE BSG House m LB 215 PH 218 elson Passage 214 to m 197 to 207

8 THE CONSENTED SCHEME The site has a resolution to grant planning permission (subject to signed Section 106 Agreement) for a part 22, part 7 storey building with fitness centre use (D2) at basement level, flexible retail use (A1/A3/A4) at ground floor level, office use (B1) at ground to sixth floor level and 100 Private Rented Sector residential units (C3) on the upper floors; provision of communal terrace and gardens at fifth and seventh floor level; provision of ancillary services and residential facilities and plant, cycle parking and associated works. PROFESSIONAL TEAM Architects Planning Consultants Structural Engineer Transport & Cost Consultant Sustainability, Energy & Services Engineers Daylight Sunlight

9 Internal reception CGI

10 ACCOMMODATION SCHEDULE LEVEL USE NIA SQM NIA SQ FT GIA SQ M GIA SQ FT Roof Access Stair to Plant Residential 312 3, ,087 USE NIA SQM NIA SQFT Residential 6,678 71,882 Office 12, ,896 Affordable office 1,527 16,435 Flexible retail 656 7,057 Fitness use 361 3,886 TOTAL 21, , Residential 281 3, , Residential 280 3, , Residential 280 3, , Residential 315 3, , Residential 531 5, , Residential 531 5, ,006 RESIDENTIAL UNIT MIX Studio 1b2p 2b3p 2b4p 3b6p Total Residential 531 5, , Residential 531 5, , Residential 531 5, , Residential 531 5, , Residential 531 5, ,006 9 Residential 531 5, ,006 8 Residential 545 5, ,156 7 Residential 417 4, ,408 Shared Lounge ,157 Roof Terrace (communal) Plant Office 1,883 20,269 2,272 24,456 5 Office (Terraces) 1,883 20,269 2,272 24,456 4 Office 2,405 25,892 2,816 30,307 3 Office 2,405 25,892 2,816 30,307 2 Office 2,405 25,892 2,816 30, B1 B2 Office 1,085 11,682 1,492 16,056 Affordable office 1,057 11,372 1,066 11,474 Affordable office 470 5, ,536 Flexible retail 656 7, ,057 Cycle ramp & store ,538 Shared Lobby/Circulation ,126 Plant/Bin Store ,832 Fitness use 361 3, ,886 Cycle ramp & store ,028 Plant ,971 Shared Lobby/Circulation ,845 Plant/Bin Store - - 1,948 20,968 Shared Lobby/Circulation ,453 TOTAL 21, ,156 31, ,510 Notes: The above scheme areas reflect a proposed non material amendment to the consented scheme which infills the atrium on floors 1-7. These areas have been prepared by AHMM, are approximate only and have been measured from the associated planning drawings. They are measured and calculated generally in accordance with the RICS Code of Measuring Practice 5th Edition. * Fitness and flexible retail use areas provided are GIA. **Terraces and Balconies are not included in the Total GIA.

11 N FLOORPLANS GROUND FLOOR Lift Core Affordable workspace/flexible retail N N BASEMENT LEVEL 1 TYPICAL OFFICE FLOOR (LEVELS 2-4) Lift Core Fitness use Lift Core Office Cycle ramp & store Plans are not to scale. For indicative purposes only. Plans are not to scale. For indicative purposes only.

12 N N LEVEL 5 (TERRACE) Lifts Office Core Terrace RESIDENTIAL (LEVEL 7 - TERRACE) Lifts 2b4p Core Shared lounge 1b2p 2b3p N N RESIDENTIAL (LEVELS 9-16) LEVEL 6 Lifts Office Core Plans are not to scale. For indicative purposes only. Plans are not to scale. For indicative purposes only. Lifts 1b2p Core 2b4p 2b3p

13 N PROPOSAL RESIDENTIAL (LEVELS 18-19) Lifts 1b2p Studio Terrace Offers are invited for the Freehold interest in the property subject to contract and exclusive of VAT. Offers will also be considered on a forward funding/ commitment basis. N FURTHER INFORMATION For further information please use the following link and contact joint agents Knight Frank LLP and JLL. RESIDENTIAL (LEVEL 21) Lifts 3b6p Terrace Plans are not to scale. For indicative purposes only. 225cityroad.live.jll.com

14 CGI of 225 City Road by night

15 For further information please contact joint agents: James Barton D: M: Ellie Cunningham D: M: James Mannix D: M: Andrew Harrison D: M: Jeremy Gardner D: M: Louise Robinson D: M: Simon Scott D: M: Edmund Miller D: M: DISCLAIMER: Misrepresentations Act 1967: (i) Although maximum care has been taken to ensure the accuracy of the information contained within this report, such information is subject to change and confirmation. (ii) No liability will be accepted by JLL Limited or Knight Frank LLP for any loss arising from information contained within this report as it may have been provided by a third party source and will require verification. (iii) This report provides a general outline only for the guidance of prospective purchasers and does not constitute the whole or any part of an offer or contract. (iv) No employee of JLL Limited or Knight Frank LLP has the authority to make or give any representation or warranty or enter into any contract whatever in relation to the property. (v) Rents and prices stated within this report may be subject to VAT. July 2017 Brochure designed and produced by SAENTYS +44 (0) info@saentys.com